Ethereum Classic Price Analysis: ETC/USD Consolidating Near $15

Key HighlightsEthereum classic price declined and traded close to the $14.20 support level against the US dollar.
There is a major bearish trend line forming with resistance at $15.80 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
The pair is currently correcting higher towards the $15.50 and $15.80 resistance levels.Ethereum classic price moved into a negative zone against the US Dollar and Bitcoin. ETC/USD is correcting higher, but upsides are likely to be capped by $15.80-16.